News Explorer — SEC’s Lawsuit Against Coinbase Is an Attempt to Exceed Its Authority, Advocacy Groups Say

SEC’s Lawsuit Against Coinbase Is an Attempt to Exceed Its Authority, Advocacy Groups Say

A consortium of blockchain advocacy groups, including the Blockchain Association and Crypto Council for Innovation, have written a letter arguing that the SEC’s lawsuit against Coinbase is an overreach of its authority. They request that the judge dismiss the case, stating that the SEC does not have the regulatory claim to redefine investment contracts for digital asset sales. The groups believe that Congress should be the one to address policy-related questions regarding cryptocurrencies.

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Aug 11, 1:50 pm

Decrypt

Custodia Will Soon Offer Bitcoin Custody Services in Select US States

Cryptofriendly bank Custodia has announced that it is now accepting dollar deposits and will soon offer Bitcoin custody… Read Summary

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Aug 11, 1:40 pm

Decrypt

SEC’s Lawsuit Against Coinbase Is an Attempt to Exceed Its Authority, Advocacy Groups Say

A consortium of blockchain advocacy groups, including the Blockchain Association and Crypto Council for Innovation, have… Read Summary

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Aug 11, 12:28 pm

Decrypt

Disgraced Crypto Mogul Sam Bankman-Fried Has Been Remanded to Jail Following a Bail Hearing in New York

Sam BankmanFried, the disgraced crypto mogul, has been remanded to jail by U.S. District Judge Lewis Kaplan following a… Read Summary

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Aug 10, 5:00 pm

adage.com

Paris Hilton Debuts Slivingland in Roblox, Her Latest Metaverse Offering

Paris Hilton aims to change how brands approach the metaverse by viewing it as a long-term media strategy. She unveiled… Read Summary

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Aug 11, 9:43 am

nftnow.com

$8 Million Worth of Cryptocurrency and Blue Chip NFTs Mysteriously Burned

An anonymous crypto user known as nd4.eth has burned approximately $8 million worth of cryptocurrency and high-value NFT… Read Summary

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Aug 11, 9:21 am

Cointelegraph

California Has New Crypto Campaign Contribution Disclosure Rules

The California Fair Political Practices Commission (FPPC) has updated its campaign disclosure manuals to include detaile… Read Summary

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Aug 11, 9:02 am

Decrypt

Parallel Is a Unique Trading Card Game With 3D Graphics, Diverse Factions, and Complex Gameplay

Parallel is a unique trading card game that stands out with its 3D graphics, diverse factions, and complex tactical game… Read Summary

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Aug 11, 8:37 am

Decrypt

SEC Postpones Decision on Cathie Wood’s ARK 21Shares Bitcoin ETF

The U.S. Securities and Exchange Commission has delayed its decision on the ARK 21Shares spot Bitcoin exchange-traded fu… Read Summary

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Aug 11, 8:33 am

Protos

Royal Canadian Mounted Police Seek Digital Asset Storage System for Seized Cryptocurrencies and NFTs

The Royal Canadian Mounted Police (RCMP) has opened applications for businesses to create a new digital asset storage sy… Read Summary

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Aug 11, 8:13 am

Decrypt

Experimental Trial on Ethereum Enables Users to Pay Gas Fees With Their Visa Cards

Visa has conducted an experimental trial on the Ethereum blockchain, allowing users to pay gas fees using their Visa cre… Read Summary

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Aug 11, 8:01 am

DL News

Optimism DAO Faces Controversy Over Delegate’s Undisclosed Financial Interest in Grantmaking Process

Optimism DAO, the community behind Ethereum scaling blockchain Optimism, has been embroiled in a debate over undisclosed… Read Summary

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Aug 11, 7:54 am

Decrypt

Academic Paper Suggests Bitcoin Mining Could Have a Net Decarbonizing Effect on Energy Grids

A newly released academic paper by blockchain experts explores the impact of Bitcoin mining on the environment. The pape… Read Summary

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Aug 11, 7:36 am

Decrypt

Ethereum Investors Who Become Victims of Cybercrime Tend to See Better Gains: Research

A research paper on Ethereum investors who have fallen victim to cybercrime found that they tend to see better gains aft… Read Summary

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Aug 11, 3:34 am

Cointelegraph

Worldcoin Now Enables Unverified Customers to Reserve WLD Tokens

Worldcoin now allows unverified customers to reserve WLD tokens through the World app. The reservation is valid for 12 m… Read Summary

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